Principles and values are a steadying force in life, and the same goes for investing. They help to establish your investing philosophy, and can help steady you during market sell-offs or times of volatility.

When it comes to money, many don’t cater enough margin of safety. Just like buying travel insurance before a holiday, or having a wet-weather plan for an outdoor event, your financial plan should have some contingencies and room for unforeseen circumstances.

Expert market forecasters have an average accuracy of only 45%. Why do you still want to listen to them?